Water Purifier market Share & Trends (2023-2028)


Posted March 13, 2023 by sandycool

The water purifier market was valued at USD 35.83 billion in 2022 and is projected to reach USD 65 billion by 2028 by registering a CAGR of 10.5% during the forecast period 2023-2028

 
The water purifier market was valued at USD 35.83 billion in 2022 and is projected to reach USD 65 billion by 2028 by registering a CAGR of 10.5% during the forecast period 2023-2028

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Segmentation Analysis:

The global Water Purifier Market segmentation include:

By Technology: Gravity Purifiers, RO Purifiers, UV Purifiers, Sediment Purifiers, Water Softeners.

The market's highest revenue share belonged to RO filters. RO water filters are expensive and designed to create bottled water of high quality. These are high-tech filters that can get rid of 99 percent of pollutants. Because of their superior barrier against hazardous minerals, RO filters are highly recommended for treating hard water. These RO filters frequently remove vital minerals like iron, magnesium, and calcium, altering the flavor of water. Furthermore, RO filter media must be replaced on a regular basis, which adds to the overall upkeep of these items.

The gravity filters sector has the market's second-largest share. The force of gravity purifies the water in these filters. Water is filtered as it flows without resistance from the upper compartment to the lower compartment. Gravity-based water filters are also less expensive, easier to install, and do not require running water or energy to work. These filters can last a long period if properly maintained and replaced on a regular basis.

By End User: Industrial, Commercial, Household.

The Household category was the most popular, and this tendency is expected to continue during the forecast period. In comparison to commercial structures, residential buildings use a lot of water for everyday cooking, cleaning, bathing, and other activities. Moreover, throughout the forecast period, growing urbanization is expected to increase the demand for water purification products.

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By Distribution Channel: Retail Stores, Direct Sales, Online Stores.

The distribution channel is further divided into online and offline categories, with retail and direct sales falling under the latter. When compared to other direct sales and online shop divisions, the retail locations category had a considerable share. When purchasing through physical retail outlets, people priorities this category due to its ease of maintenance and service.

Regional Analysis:

North America
Europe
Asia Pacific
Latin America
Middle east and Africa
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Last Updated March 13, 2023